Politics
U.S. Asserts Guaido's Control Over Key Venezuela Bank Accounts
- Officials decline to disclose how much money in U.S. accounts
- Latest Trump move to bolster rival to Venezuela’s Maduro
This article is for subscribers only.
Secretary of State Michael Pompeo took another step to bolster Juan Guaido as Venezuela’s interim president, certifying that the National Assembly leader has control over key government bank accounts based in the U.S.
Pompeo determined that Guaido has authority over the nation’s accounts at the Federal Reserve Bank of New York and other U.S.-insured banks, State Department deputy spokesman Robert Palladino said in a statement. The State Department has so far declined to say how much money is in the accounts, as did officials for the Treasury Department and the Federal Reserve Bank of New York.